Online trading is known for its countless profit-making opportunities, but to explore and leverage them, the services of a broker are a must. This task can be very intimidating for people because the sheer number of platforms are overwhelming.
Going through the numerous options to find one that can deliver the best combination of services is easier said than done. Some platforms may excel in one aspect, but lack in others and this can ruin your experience. You want a complete solution and this RontoXM review is where you will be able to find one.
When I first came across the Rontoxm.com broker, I was unsure of whether it could fulfill the promises it was making, but an in-depth look at its offerings has resolved this confusion. You can take a look at them here.
The first aspect of the Ronto XM broker that caught my eye was the priority it had given to the security of its clients’ data and funds. Security is one of the top concerns that people have about trading online because cybersecurity attacks are rampant these days and if a platform does not take it seriously, you will be left vulnerable to hackers and cybercriminals. Therefore, it is reassuring to see that this aspect has not been neglected here.
The Rontoxm.com trading platform uses SSL (Secure Socket Layer) encryption for protecting all personal data of their clients, including their sensitive and financial information. Even if hackers gain access to their system, they cannot use the information for identity theft, or any other purpose because it is encrypted. Their security team also evaluates the website firewall and security regularly to ensure there are no loopholes that can be exploited.
The trading account that you open with the RontoXM broker is protected via two-factor authentication (2FA) and the funds you deposit in it are kept in segregated accounts. This keeps them safe from any type of misappropriation because they are only utilized for your trading activities.
Another aspect that appealed to be about the RontoXM broker was their signup process because it was very simple and completely hassle-free. I had checked out the signup processes on several platforms and had been dissuaded from registering because they were so extensive and involved a lot of steps. I was not willing to go through such complex procedures when I was not even sure about continuing their services.
But, the signup process on the Ronto XM trading platform turned out to be the exact opposite. They have kept it short and concise, which can save considerable time. The user verification process happens in the background, which means you can start trading as quickly as possible. There are just a couple of fields to fill out and it barely takes a few minutes.
Demo trading capabilities
One of the best features that an online broker can offer to its clients is demo trading. There are a number of advantages for both newbies and experienced traders of this feature, but it is not available on every platform.
Luckily, the RontoXM broker has opted to facilitate its clients and has included the demo trading option, which you can benefit from. It is an excellent way for any trader to test the offerings of the broker before they open a live account. You can determine what trading tools and features you will have at your disposal and if they are in accordance with your requirements.
Apart from that, newbie traders can use the demo trading capabilities of the RontoXM trading platform to gain some experience in the market. They will be able to familiarize themselves with how trading actually works and not be taken aback when they start trading through their live accounts. Once you get used to it, it is easier to execute trades.
As for experienced traders, the demo trading feature gives them a chance to run various trading strategies to determine what kind of outcome they can expect. It is a great way of refining new strategies to minimize any possibility of errors and mistakes. Since the account uses virtual funds, you will not have to worry about incurring any losses until you switch to a live account.
Is RontoXM scam or legit?
To give people peace of mind about the authenticity and legitimacy of the RontoXM broker, I delved into its offerings and features in great detail. There were no red flags, or any other problems to be found in any aspect of the broker’s trading services. Instead, it offers excellent support and professional services, which shows that it is undoubtedly genuine and not one of the fraudulent platforms in the market.